Mayor Mike has become America’s eighth-richest citizen after a transaction put a solid valuation on Bloomberg LP: He borrowed to shop for a 20% stake in his company from Merrill Lynch in July for $4.5 billion. Today he owns 88% of the financial data and news outfit he founded in 1982. Boston-born son of accountant got engineering degree from Johns Hopkins, M.B.A.
As of my last update in January 2022, New York City is home to a significant number of billionaires. These individuals come from various industries, including finance, real estate, technology, and media. Some of the well-known billionaires who have ties to New York City include:
1. Michael Bloomberg - Founder of Bloomberg L.P. and former mayor of New York City. He is one of the wealthiest individuals globally, with a net worth estimated in the tens of billions of dollars.
2. Carl Icahn - A renowned investor and businessman known for his activist investing strategies. He has amassed a substantial fortune through his investment activities.
3. Rupert Murdoch - Media mogul who owns and operates News Corporation, which includes properties like Fox News, The Wall Street Journal, and New York Post.
4. Leonard Lauder - Former chairman of Estée Lauder Companies, a multinational cosmetics company founded by his mother, Estée Lauder.
5. John Paulson - Hedge fund manager who gained prominence for his successful bets against the subprime mortgage market during the 2007-2008 financial crisis.
6. David Koch (deceased) - Industrialist and philanthropist who, along with his brother Charles Koch, controlled Koch Industries, one of the largest privately-held companies in the United States.
7. Stephen Schwarzman - Co-founder and CEO of Blackstone Group, a global investment firm specializing in private equity, real estate, and alternative investments.
8. Donald Trump - Real estate developer, television personality, and former President of the United States. While his net worth has been a subject of debate and controversy, he has been a prominent figure in New York City's business and social scene for decades.
9. James Simons - Mathematician and hedge fund manager who founded Renaissance Technologies, a highly successful quantitative investment firm.
10. Ronald Perelman - Chairman and CEO of MacAndrews & Forbes Holdings, a diversified investment company with interests in consumer products, entertainment, and biotechnology.
It's worth noting that the wealth and rankings of billionaires can fluctuate due to various factors such as market conditions, business performance, and personal investments. Additionally, there may be new billionaires who have emerged since my last update in 2022.
0 Comments